Akamai Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Akamai Technologies has a total shareholder equity of $4.8B and total debt of $3.5B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are $10.1B and $5.3B respectively. Akamai Technologies's EBIT is $686.7M making its interest coverage ratio -10.7. It has cash and short-term investments of $1.6B.
Key information
74.5%
Debt to equity ratio
US$3.54b
Debt
| Interest coverage ratio | -10.7x |
| Cash | US$1.64b |
| Equity | US$4.75b |
| Total liabilities | US$5.33b |
| Total assets | US$10.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKAM's short term assets ($2.6B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: AKAM's short term assets ($2.6B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: AKAM's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: AKAM's debt to equity ratio has increased from 26.3% to 74.5% over the past 5 years.
Debt Coverage: AKAM's debt is well covered by operating cash flow (43.2%).
Interest Coverage: AKAM earns more interest than it pays, so coverage of interest payments is not a concern.